Press releases and law firm thought leadership
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Setterwalls has assisted listed Navamedic ASA in the Supreme Administrative Court in a matter regarding substitution of pharmaceuticals. The Supreme Administrative Court declares that the lower courts have failed in their handling of the case and finds that the Medical Products Agency's original decision to declare Navamedic's product Glucomed® substitutable with Pfizer's product Artrox®. The matter has included an important issue on the placement of the burden of proof.
Setterwalls has assisted Wazoo AB and its shareholders in the investment made by Stampen Media Partner AB.
Setterwalls has assisted Inpension Asset Management and its shareholders in entering into Söderberg & Partners and the increased co-operation between these companies.
AstapovLawyers’ team successfully represented interests of the EFKO group of companies in a land dispute
The firm proved wrongfulness of the cast iron storage rate increase.
AVELLUM PARTNERS ADVISES OJSC “MYRONIVSKY HLIBOPRODUCT” IN CONNECTION WITH EUR17.4 MILLION HERMES-COVERED CREDIT FACILITIES FROM DEUTSCHE BANK AG
Stamford Law Corporation's Director Bernard Lui was quoted in an article in Business Times on the de-listing of Catalist listing FM Holdings. FM Holdings had been given six months to find a new sponsor since the previous, PrimePartners Corporate Finance, quit in January.
During an event on 20 May, Wiersholm was honored with the “Awards for Excellence – Norway”. The prize is awarded by Chambers and Partners, a reputable ranking company based in London, with the following argument:
Felicity Hide, a partner in Boult Wade Tennant’s Trade Mark and Domain Name Group, will be speaking at the Management Forum’s Trademark Administrator conference on 28 October 2010 at the Rembrandt Hotel in London.
A recent Supreme Court decision has offered some insight into the law on the restriction of company directors by the Courts. The decision is particularly helpful as it addresses the differing roles of executive and non-executive directors, the type of conduct which will be classed as “irresponsible” in the conduct of the affairs of a company in financial difficulty and the need for the law to apply to the particular circumstances at issue.
On 26 July the President of Ukraine Viktor Yanukovych signed the Law “On the Foundations of Cooperation of the State with Private Partners” (the “Law”) which was adopted by the Ukrainian Parliament on 1 July to establish a framework for public-private partnership (“PPP”) in Ukraine. In May 2009 the Parliament already adopted the framework law on PPP, which, however, was later set aside.
30 June 2010, Kiev. International law firm Integrites won the Best Firm of the Year in Banking and Finance. Integrites Managing Partner Vyacheslav Korchev is the best litigation lawyer in Ukraine.
The national ranking "GVardia of the stable law firms recognised Integrites as one of the leading law firms
Mergermarket has published the League Tables of Legal Advisors to M&A, for the first half of 2010. In Sweden Delphi is one of the most active advisors, measured by volume, and is ranked as number seven in the league table.
Why is a race discrimination case that the Crown Prosecution Service lost being dragged into a tenth year by the public body?
Mike Schwarz of Bindmans LLP and Lydia Dagostino from Kellys Solicitors in Brighton represented campaigners who were tried at Lewes Crown Court sitting at Hove. They were acquitted of conspiracy to cause criminal damage at EDO MBM Technology Ltd (a company owned by ITT Integrated Structures), a business said to have supplied weapons components used during Israel's military activity in Gaza in January 2009.
In 2008, six Greenpeace campaigners were acquitted for an action at Kingsnorth power station, whereas in the following year, 29 environmentalists were convicted after an action at DRAX power station.
Die Unternehmenssteuerreform II ist noch nicht vollständig umgesetzt, da konkretisieren sich bereits Ziele und Inhalte einer weiteren Unternehmenssteuerreform, der Unternehmenssteuerreform III (UStRef III). Der folgende Beitrag stellt die wesentlichen Zielsetzungen und Elemente dieses jüngsten Reformvorhabens vor, soweit dies zum heutigen Zeitpunkt möglich ist. Insbesondere wird auf die möglicherweise bereits in diesem Jahr in Kraft tretende Neuregelung zur steuerlichen Entlastung von konzerninternen Finanzierungen eingegangen.
Leading Midlands law firm Cartwright King has made another addition to their expanding team.
UniCredit S.p.A., Torino, and the management of UniCredit Private Banking S.p.A., Lugano, have signed an agreement concerning the sale of the entire shareholding in UniCredit (Suisse) Bank SA to the management for a considera-tion of CHF57.5 million. The deal was financed by the Banca dello Stato del Can-ton Ticino.
Stamford Law Corporation was mentioned in the articles in Business Times and TODAY on India's Fortis Healthcare's ("Fortis") complaint to the Securities Industry Council ("SIC") over a press release issued by Malaysia's state investment arm Khazanah Nasional ("Khazanah") on the 21st of July 2010.
Stamford Law Corporation's Senior Director Lee Suet Fern was quoted in an article in TODAY on the increase in demand for lawyers specializing in financial services and compliance due to the recovery of the global economy.
Carey Olsen hosted Alderman Nicholas Anstee, the Lord Mayor of the City of London, during a visit to Guernsey this week.
The arbitral tribunal of the International Center for Settlement of Investment Disputes (ICSID) decided to discontinue the proceedings in the case S&T Oil Equipment and Machinery Ltd. v. Romania in which the claimant sought compensations worth more than USD 150,000,000. It is the third favorable outcome obtained by the lawyers in Ţuca Zbârcea & Asociaţii in front of ICSID, in Washington D.C.
Akbank, Turkey's largest lender by market value, borrowed $1 billion in a five-year RegS/144A bond issue. Bank of America Merrill Lynch, Citibank, JPMorgan and Standard Chartered were the joint lead managers for the issue.
Stamford Law Corporation is advising Oceanus Group Limited ("Oceanus"), the largest land-based abalone producer in the world in a collaboration agreement with leading Australian lobster aquaculture technology company, Lobster Harvest Limited ("Lobster Harvest").
Cobra Service Network SA, Lugano, successfully completed an increase of capital of the company by the shareholders Cobra Automotive Technologies SpA and Tracker Investment Holdings (Pty) Limited.
Tecan Group and NEXUS Biosystems, Inc. have signed an agreement concerning the sale of REMP AG, a wholly-owned subsidiary of Tecan, as well as other related assets. Under this agreement, NEXUS will acquire all activities of Tecan's Sample Management business segment.
ARYZTA AG purchased Fresh Start Bakeries, partially financed through a placement of shares worth USD 140 million.
On 1 July 2010, Habas Swiss Investments AG sold a commercial real estate property with office and retail spaces of 7'000m2 to a Swiss institutional investor for more than CHF 50 mio. Habas Swiss Investments AG belongs to Habas Group, a leading real estate company, listed in Tel Aviv, Israel
Ogier Hong Kong achieves top level ranking alongside Maples and Calder Asia and Walkers.
Ogier Guernsey has advised the EQT V Fund on the financing of its acquisition of a controlling interest in AcadeMedia AB., Sweden’s largest private education group by way of a public offer. The public offer by the EQT V Fund was accepted by 79.4% of shareholders in AcadeMedia AB. The Stockholm listed business operates 150 schools with 45,000 students across Sweden.
Ogier Guernsey has recently acted as lead counsel in the establishment of World Shariah Funds PCC Limited ("WSF") as a class B collective investment scheme in Guernsey. WSF is a shariah-compliant investment fund which also complies with the requirements of the UCITS directive. WSF is one of only a handful of shariah-compliant funds established in Guernsey and the first for Ogier Guernsey.
Ogier Guernsey recently advised the EQT V Fund on the financing of its acquisition of XXL Sport & Villmark, a Nordic sporting goods retailer. The sports retailer operates 14 sporting goods mega-stores, located in the largest cities in Norway and has a market share of close to 15 per cent in Norway.
Richard Boucher, a director at leading Midlands law firm Cartwright King (which has an office in Nottingham, Derby, Leicester) has recently spoken at a national conference at Birmingham University.
The Bribery Act, which received Royal Assent earlier this year, increases the maximum prison term for offences of bribery to ten years and businesses are to be subject to unlimited fines.
Under the Corporate Manslaughter law, that came into effect in April 2008, an organisation can be prosecuted for a fatal accident if the way its work is managed or organised by its senior management, causes a death and is in gross breach of its duties towards an employee or third party. In the past, unless a fatality was so serious that an individual who was a “controlling mind” of the company (usually a director) could be charged with criminal manslaughter, the company could not be pursued successfully for manslaughter and would be prosecuted for health & safety offences.
Japan' SANYO Electric Co., Ltd. (Osaka) has sold its global semiconductor business to the US company ON Semiconductor Corporation, Phoenix (Arizona). The transaction is subject to various closing conditions and regulatory approvals, such as clearance by merger control authorities.
Henkel AG & Co. KGaA and BASF have signed a joint venture agreement to develop innovative corrosion protection solutions for the automotive industry.
Patrikios Pavlou & Associates LLC receives international awards and recognitions in the second half of 2010, ranking its specialized services in the top tier in Cyprus.
A prominent Arbitration lawyer joins AstapovLawyers' Team
Managing Partner spoke at International Grain Conference in Turkey
AstapovLawyers welcomes new Senior Associate in International Litigation Department
Ms. Anna Yarenko has joined AstapovLawyers' Banking & Finance Department
Channel Islands law firm Carey Olsen has announced the promotion of Robert Milner and Simon Marks to partner in the Jersey corporate and finance practice area.
Elliott, who is aged 31 joined the firm in 2002 working closely with Christian Rocca in the litigation department.. He has been heavily involved in a number of significant and important cases working with highly reputable senior counsel. He is now highly regarded and respected by his peers as a responsible and dogged litigator. In addition, he manages a busy commercial practice and is especially well known in the field of employment law.
Stamford Law Corporation's Director Yap Wai Ming was quoted in an article on the second lawsuit Marina Bay Sands (MBS) has filed against the Inter-Pacific Bar Association (IPBA) on the 28 of June 2010.
Stamford Law's move to the new Ocean Financial Centre (OFC) was mentioned in the article "Brokers' Take" in the BusinessTimes (13 July 2010).
On July 12, 2010, Thomas Cook Group plc announced that it has agreed to acquire 100% of Öger Tours GmbH from its founding shareholder Vural Öger.
Hengeler Mueller advises Phoenix Pharmahandel, the largest pharmaceutical wholesaler in Germany and second largest in Europe, in connection with a comprehensive refinancing, including a EUR 2.6 billion syndicated loan and the issuance of a EUR 500 million high yield bond under German law as well as a EUR 500 million capital increase.